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Monday, July 26, 2021 9:00:51 PM
For example was ctix worth $4.95
Yes, that was approximately a $500M market cap for a company that just finished an antibiotic phase 2B with flying colors against a comparator (Cubicin) that was pulling $1B/year. Additionally it had a cancer drug called Kevetrin that was PR'd to have caused a Spleen lesion to completely disappear in phase 1. Along with that we were heading rapidly toward a NASDAQ uplist, a cure for Psoriasis and a cure for OM. CTIX was arguably undervalued at $500M.
Of course the antibiotic market and the supposed miracles of Kevetrin ended up being over-hyped resulting in our crash back to earth.
The market has heard the $60-130B anti-viral market hype. It is now waiting for the B-COVID results. The market knows that the results will be spun in the most positive light. It will therefore apply the IPIX valuation penalty (that's divide what you expect by 5) until suitable monetization (lucrative partnership), buyout, or validation by a third party (FDA EUA) such that there is a rational reason to remove the IPIX valuation penalty.
Go IPIX!
Hodling IPIX with Diamond Paws since 2015.
Honorary IPIX Soft Pumper: Dream big...woah, woah, woah! Not that big.
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
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BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM